It is not simply the scope of change that is exercising the minds of Australia's company directors. The speed of change is also accelerating, enabled by a range of digital technologies along with cloud-based services offering enterprise-grade computing at peppercorn rents.

The disruption caused by this development is only likely to accelerate according to Jim McKerlie, the chairman of ASX 200 company Drillsearch Energy as well as Bambu Digital.